Receivables are one of the more complex aspects of business finance. They represent potential future cash flow and serve as collateral to maintain a company's liquidity and overall financial health. But what exactly are receivables, and why are they essential for businesses? In this blog post, we will explain what receivables are, why they are important, and how businesses can manage them effectively. We will also discuss best practices for ensuring timely payment and minimizing credit risk to improve your company's return on investment (ROI).

What are Receivables in Business Finance